- Current report filing (8-K)
09 11월 2009 - 11:18PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, DC
20549
_______________
FORM
8-K
CURRENT
REPORT
Pursuant to Section
13 or 15(d) of the
Securities Exchange
Act of 1934
Date of report (Date of earliest event reported):
November 9,
2009
QUICKSILVER
GAS SERVICES LP
(Exact
Name of Registrant as Specified in Charter)
Delaware
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001-33631
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56-2639586
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(State or Other Jurisdiction of
Incorporation)
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(Commission File
Number)
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(IRS Employer Identification
No.)
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777 West Rosedale
Street
Fort Worth, Texas
76104
(Address
of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code:
(817)
665-8620
_______________
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
2.02.
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Results
of Operations and Financial
Condition.
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On
November 9, 2009, we issued a press release reporting our operating and
financial results for the quarter ended September 30, 2009. A copy of
the press release is attached as
Exhibit 99.1
and is
incorporated herein by reference. The information contained in this
Item 2.02, including
Exhibit 99.1
attached hereto, is
being furnished to the Securities and Exchange Commission and shall not be
deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that
Section.
The press
release contains non-GAAP financial measures within the meaning of Regulation G
promulgated by the Securities and Exchange Commission. We presented
distributable cash flow, EBITDA and adjusted gross margin for all periods
presented in the press release.
As part
of the press release, we provided a reconciliation of distributable cash flow to
net income, which is the most comparable financial measure determined in
accordance with accounting principles generally accepted in the United States of
America (“GAAP”). Our management believes that distributable cash
flow provides investors with information that is useful to an assessment of our
operating performance and the cash flow generated by our
operations. Other companies may calculate their distributable cash
flow differently than we calculate our distributable cash flow and, accordingly,
our distributable cash flow may not be comparable to similar measures disclosed
by other companies.
We also
provided a reconciliation of EBITDA and adjusted gross margin to net income,
which is the most comparable financial measure determined in accordance with
accounting principles generally accepted in the United States of
America. EBITDA is used as a supplemental performance measure by our
management to assess:
•
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financial
performance of our assets without regard to financing methods, capital
structure or historical cost basis;
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•
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our
operating performance as compared to those of other companies in the
midstream energy industry without regard to financing methods, capital
structure or historical cost basis;
and
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•
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the
viability of acquisitions and capital expenditure projects and the overall
rates of return on alternative investment
opportunities.
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We also
use EBITDA to assess our ability to incur and service debt, fund capital
expenditures and make distributions. Adjusted gross margin is used by
our management and by external users of our financial statements such as
investors, commercial banks, research analysts and others to evaluate the
relationship between our gathering and processing revenues and our cost of
operating our facilities and our general and administrative
overhead.
Item
9.01.
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Financial
Statements and
Exhibits.
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(d) Exhibits.
Exhibit Number
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Description
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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QUICKSILVER
GAS SERVICES LP
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By:
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Quicksilver
Gas Services GP LLC,
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its
General Partner
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/s/
Philip Cook
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Philip
Cook
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Senior
Vice President -
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Chief
Financial Officer
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Date:
November 9, 2009
INDEX TO
EXHIBITS
Exhibit Number
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Description
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Kodiak Gas Services (NYSE:KGS)
과거 데이터 주식 차트
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Kodiak Gas Services (NYSE:KGS)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024